Over the short term i'm looking to buy ether on a dip to the 80-90's dollar range and sell the rally's over the 120-130 dollar range. maybe Ether has bottomed out at 80 dollars, but if BTC puts in a new lower low I'd be expecting ether to do the same, my next support level for a rally is in the 50-60 dollar range and this can be seen from the observing the weekly...
I believe that BTC is now range bound between 3200-3700 for the next couple of weeks. The triangle that I've drawn is where I expect it to break to the down side once it's reached the end of the pattern. I'll be pacing some buy orders around the 3200 level to catch maybe one more rally to the 3700 area, doing some time analysis I would expect this rally to end mid...
Okay traders, here's my thoughts on ripple for trading. i believe that ripple is stuck in a downwards motion waiting to break out on the short term. An ecellent but zone would be the 0.25-0.28 cent where there's strong support. This could easily creat a bounce to the first target area, if this creates support with a bull flag i would exppect second target area of...
with some strength shown recently to the 4100 level i would expect a small retrace. A hold above the 3700 dollar level would be a good indication to retest the 4200 dollar level. There's strong support at 3500, which is also the 0.618 fib retracement level. Abreak below 3500 would indicate a trend reversal. Coming days -Expect retrace to 3700-3850 level -An...
heavy resistance for btc 0.45% @3800 dollar level with the next level not much further up @ 3900. If BTC 0.45% can break through here it has a clear sky to to next resistance level of 4400-4600. However a breakdown of 3500 will see historical support levels of 2800-3100 been tested.
expecting to BTC to hit target of 3900 TP1, next resistance point is at 4400-4600 range, if retest of 3900 fails here I would expect a fall back to the 3500 level where big volume has been buying over the past few days. A breakdown of the 3500 level will bring us back to historical support levels of 2800-3100